Clipped from: https://www.thehindubusinessline.com/news/world/biden-pushes-cash-reward-to-get-vaccinated-new-rules-for-federal-workers/article35620248.ece The measures are Biden’s latest attempt to spur reluctant Americans to get vaccinated as the Delta variant of the coronavirus surges nationwide, infecting
Author: Anil R Tikotekar
I-T Dept detects unaccounted transactions of ₹400 cr after raids on ‘pan masala’ group – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/news/i-t-dept-detects-unaccounted-transactions-of-400-cr-after-raids-on-pan-masala-group/article35629506.ece Searches were carried out on 31 premises of the group which is also involved in the real estate business The Income Tax Department
Allow MSMEs to open multiple current accounts in same bank: KCCI President – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/allow-multiple-current-accounts-in-same-bank-to-msmes-kcci/article35633976.ece Outstanding loans in personal, MSME segments made up 35% Outstanding loans in personal, MSME segments made up 35%× KCCI also wants banks to
Coyness for policy – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/coyness-for-policy/article35635087.ece The Fed may appear coy for now but has little option other than to move towards policy normalisation The statement of the US
The structuring of micro loans matters – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-structuring-of-micro-loans-matters/article35635228.ece A revolving credit, based on credit card principles, can help scale up the incomes of the underprivileged Last month, the RBI issued a
Will the housing market see a W-shaped recovery? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/will-the-housing-market-see-a-w-shaped-recovery/article35637225.ece Housing demand fell with a dip in income levels and stable prices amidst the pandemic The Indian real estate sector has been through
Tax buoyancy curtails Centre’s fiscal deficit to an eight-year low | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/tax-buoyancy-curtails-centre-s-fiscal-deficit-to-an-eight-year-low-121073100034_1.html Centre’s spending showed volatile trend during April-June period Illustration: Binay Sinha India’s fiscal deficit in the first quarter of 2021-22 stood at 18.2 per cent
The chirping economist | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-chirping-economist-121073001698_1.html ‘Their comments pertain to government policy. Some praise it, others criticise it’, says the author It’s hard to say exactly how many economists the world
Growth Factor: A question of credit delivery – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/growth-factor-a-question-of-credit-delivery/2300512/ Boosting credit flows, especially from banks, is needed If India is to see sustained growth; The need is to address the root causes
Income tax benefits, rebates that senior citizens enjoy – The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/income-tax-benefits-rebates-that-senior-citizens-enjoy/2301294/ Under the Old Income Tax Regime, senior citizens, having income from salary, rent and interest income, enjoy additional tax benefits and rebates compared
We’ll have even better results in the coming quarters: IDBI Bank CEO – The Economic Times
Clipped from: https://economictimes.indiatimes.com/markets/expert-view/well-have-even-better-results-in-the-coming-quarters-idbi-bank-ceo/articleshow/84887900.cmsSECTIONSWe’ll have even better results in the coming quarters: IDBI Bank CEOLast Updated: Jul 30, 2021, 02:24 PM ISTSynopsis “We have been able to
gold loans: Fast growing gold loans turn sour hit by lockdowns – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/fast-growing-gold-loans-turn-sour-hit-by-lockdowns/articleshow/84816753.cmsSynopsis Banks for which gold loans contribute substantial amount to their profits, were hit in the first quarter. Out of the Rs 640 crore
Sitharaman as FM: Some positive surprises, a few works in progress | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/sitharaman-as-fm-some-positive-surprises-a-few-works-in-progress-121073001334_1.html Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of
Govt readies pension law revamp – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/govt-readies-pension-law-revamp/articleshow/84881245.cmsSynopsis The bill — which was being discussed by a committee of secretaries for several months — will also delink the National Pension System
New I-T portal receives over 25.82 lakh ITRs, distributes 7.90 lakh e-PANs – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/new-i-t-portal-receives-over-2582-lakh-itrs-distributes-790-lakh-e-pans-302817-2021-07-30 A total of 80,23,266 ITRs have been drafted, over 6.07 lakh forms have been drafted out of which 5,51,150 were filed at the
Big Boys and their Toys — Jhunjhunwala & Akasa Air – BusinessToday
Clipped from: https://www.businesstoday.in/opinion/columns/story/big-boys-and-their-toys-jhunjhunwala-akasa-air-302859-2021-07-30 For billionaire Rakesh Jhunjhunwala, the investment in Akasa Air is a thought out play on India’s growth bouncing back. India’s most successful investor,
High tariffs faced by Indian exporters in EU, UK affecting exports performance: Govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/foreign-trade/high-tariffs-faced-by-indian-exporters-in-eu-uk-affecting-exports-performance-govt/articleshow/84888176.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis “High tariffs faced by Indian exporters in key markets such as the EU and the UK as compared to zero duty access given
Govt done well to protect depositors and bolster confidence in banks
Clipped from: https://indianexpress.com/article/opinion/editorials/deposit-insurance-and-credit-guarantee-corporation-bill-2021-money-5-lakhs-7429195/ Government has done well to protect interests of depositors and bolster confidence in banks. More needs to be done While these are important
Covid-19 hit MSMEs hard; credit availability, liquidity a challenge: Niti Aayog’s Rajiv Kumar – BusinessToday
Clipped from: https://www.businesstoday.in/latest/economy/story/covid-19-hit-msmes-hard-credit-availability-liquidity-a-challenge-niti-aayogs-rajiv-kumar-302882-2021-07-30 Rajiv Kumar says the Centre is working towards a transition to cash-flow based funding for SMEs. Switch from inventory-based credit to cash-flow based
The importance of UN Model tax negotiations – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-importance-of-un-model-tax-negotiations-bilateral/article35612035.ece India can play a pivotal role in ensuring fair and equitable distribution of taxing rights in bilateral treaties The Supreme Court recently settled